Reason for long - Consolidation breakout
High risky penny stock: position sizing not more than 0.5% of total capital and has risk of complete erosion of invested fund in this stock. It is purely experimental investment and purely based on technical. The organization is non-significant profit making, but volume increased in recent times.
1. Powered by vwap breakout.(Yes)
2. Strengthened by weekly breakout.(Yes)
3. Intensified by three month breakout.(Yes)
4. Energized by Positive previous Quarterly result.(NO)
5.Punched by QQE breakout.(yes)
6.Facilitated by Volume burst.(Yes)
7. Armed by breakout non over-lapping candle.(Yes)
8.Catalyzed by breakout candle having Open=Low candles (OL candles) (Yes)
9.Patronized by Head and Shoulder Set up (Yes)
SL compulsory
High risky penny stock: position sizing not more than 0.5% of total capital and has risk of complete erosion of invested fund in this stock. It is purely experimental investment and purely based on technical. The organization is non-significant profit making, but volume increased in recent times.
1. Powered by vwap breakout.(Yes)
2. Strengthened by weekly breakout.(Yes)
3. Intensified by three month breakout.(Yes)
4. Energized by Positive previous Quarterly result.(NO)
5.Punched by QQE breakout.(yes)
6.Facilitated by Volume burst.(Yes)
7. Armed by breakout non over-lapping candle.(Yes)
8.Catalyzed by breakout candle having Open=Low candles (OL candles) (Yes)
9.Patronized by Head and Shoulder Set up (Yes)
SL compulsory
Trade active
Trade closed: target reached:
t1 done(60% unload)
Now SL at entry point for 2nd target
Now SL at entry point for 2nd target